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At Lendsqr, we are continuously committed to making lending seamless and reducing the credit gap by providing technology that empowers you to offer credit to underserved populations one country at a time.
A cultural view of loan defaults in Malawi
Executive Summary Between 2019 and 2024, Malawi has seen both a rapid expansion in personal lending and a growing struggle with defaults. While commercial banks, microfinance institutions (MFIs), savings and credit cooperatives (SACCOs), village savings and loan associations (VSLAs), and new digital lenders have opened up access to credit, many Malawians still find it difficult […]
7 strategies to avoid SME loan defaults as a Nigerian Lender
While SMEs are generally considered low-risk borrowers, given the ease of verifying their operations through cash flow assessments, on-ground assessments and more. Lending to them is not without its challenges. We’ve done the grunt work for you. Learn the strategies to avoid SME loan defaults as a Nigerian lender.